Market update: Silver lining (Optimism) continues…Beginning of new era

Wish you all readers Happy Diwali & Happy Investing

In the previous blog on 15^th Sep we had mentioned “If market can hold 19000+level till month end…….optimistic hope for future…..ample numbers of stocks are appearing positive.”

Sensex was at 19732, which saw fall to 19379 at Sep end…& thereafter it is rising.

We had mentioned couple of stocks for investment on this blog. Most of which had appreciated.

In coming few months market will see valuation discounting for FY 2014-15 numbers…..also there will be volatility for

: Lot’s of FII inflow is leading current rally…FII usually tends to sell on negative news

: Fed tapering of stimulus

: Election happening in 2014…..

Market tends to overstretch itself in up-move as well as down-move creating situation of undervaluation or overvaluation…..in previous blog we advised for investment….may be the upcoming rally will give opportunity to reshuffle portfolio.

Beginning / foundation for new era

In 1990-1998 we saw Sensex making top around 4000+ level & falling thereafter….1995 /1996 to 2000 we saw a major rally in software stocks….from 2003 to early 2008 we saw bull market….

….In Apr-2009 we mentioned on blog about uptrend (Mousam Badal Raha hai….Marekt is changing itsDirection) in market (Sensex 10803) …..followed by blog in Jan-2011 (Sensex 18860) we updated change in direction to down (Mousam badal raha hai …. Reorientationrepositioning ….unfolding mystery)…..we believe currently market is at major junction which can mark / make foundation for new era -new beginning…..

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

Technical Analysis & Stock Updates

Talwalkars Better Value Fitness:  On 05-Aug-13, we had mentioned “We are positive about business model of company. Wait till stock shows positive signs on chart.”  Stock is appealing for investment. Invest at current level Rs 136.50 or at correction in coming days with stoploss of 108.

Britannia Industries Ltd: Stoploss raise from Rs 550 to Rs 650.

Escorts Ltd: Stoploss raise from Rs 65 to Rs 76.

Jubilant Foodworks Ltd: Stoploss raise from Rs 900  to Rs 950.

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

Technical Analysis & Stock Updates

Pidilite Industries Limited: We had recommended stock at Rs 240.  Stock is currently trading at Rs 262 having immediate support around Rs 250. Stoploss can be kelp at Rs 215.

Larsen & Toubro Limited: We had recommended stock at Rs 240. Stoploss can be placed at Rs 720.

Bajaj Finance Ltd: We had recommended stock at Rs 1151. Stoploss can be placed at Rs 1000.

Indusind bank: We had recommended stock at Rs 400. Stoploss can be placed at Rs 340.

Kaveri Seeds: We had recommended stock at Rs 1538. Stock has support at Rs 1493-1460-1412.  Stoploss can be placed at Rs 1230.

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

Investment Idea: Kaveri Seeds

Kaveri Seed Company Limited is a premium National Seed Company engaged in the production and distribution of high quality hybrid seeds of field & vegetable crops, micro nutrients and bio-products. Kaveri Seed, with vast experience spanning for more than three decades in the seed and agri-business. Company has got listed in the stock exchange in 2007. Since then, it has grown at a rapid pace on the strength of its knowledge driven products.

For Jun-13 quarter Company’s net sale increased by 53% while profit increased by 61%.

Invest for medium term

Yearly Financials (Rs in Crore)

Quarterly Financials (Rs in Crore)

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

Market Update: Changing dynamics with silver lining

In previous blog on 18^th Aug we mentioned “market is weak & below 18600, it can fall to 18200, 17800 , 17580, 17220…. we expect notable fall.” Subsequently on 28^th Aug we saw market hitting intraday low of 17448 level.

Afterwards market saw strong uptrend, Sensex touching high of 20055. If market can hold 19000+level till month end, we can see consolidation happening in near future along with optimistic hope for future. From investment prospective, ample numbers of stocks are appearing positive.

Invest in instalment. Invest with stop loss. Happy investing.

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.

Investment Ideas: Indusind Bank

IndusInd Bank, which commenced operations in 1994, caters to the needs of both consumer and corporate customers. Its technology platform supports multi-channel delivery capabilities. As on June 30, 2013, IndusInd Bank had 530 branches, and 1003 ATMs spread across 380 geographical locations in India.

For Jun-13 quarter company’s net interest income up by 40 % while profit after tax up by 42%. Company’s net NPA stood at 0.21%.

Invest for long term.

Yearly Financials (Rs in Crore)

Quarterly Financials (Rs in Crore)

Disclaimer:

Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.